Top 5 Tax Deductions for 2017

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  Top 5 Tax Deductions for 2017 1. Work Related Car Expenses   This section is hefty and one of the most widely used deductions given so many Australians use their car for work purposes! However, an important exclusion is the use of your own vehicle from home to work and vice versa – this counts as private travel. There … Read More

How will the 2017-2018 budget affect you?

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The 2017-2018 Federal budget was handed down last Tuesday on the 9th of May, with a deficit of $29.4bn. However, the Government is confident that the economy will experience a strong comeback by 2020-2021, thanks to a variety of measures to be used in these coming years If you’re a small business owner with a turnover between $2 million and … Read More

Write if off while you still can!!!

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By the end of the 2016 financial year, there was a record of 2,066,806 active small businesses in Australia nationwide. Now what if I told you the majority of these businesses were able to claim a full deduction on their asset purchases. One of the key policies implemented as a result of the 2015 budget was the $20, 000 instant … Read More

Planning on drawing a crowd with crowd funding ?

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Since the early 2010’s there has been a huge resurgence in the popularity of crowdfunding, largely due to the success of websites such as ‘Kickstater’ and ‘GoFundMe’. It can be an extremely effective way of raising quick capital and has become a major factor in the success of many startup companies around Australia. By accessing these services, emerging startup businesses … Read More

DKM’s On the Ledger – Podcast 1

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Welcome to DKM’s first video podcast. In this session we will be sitting down with our firm’s principal accountant David Maj to touch on the future of compliance. If you have any questions regarding this session, feel free to contact us and David will follow up on any queries you may have.

DKM’s On The Ledger – Introduction

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Hi everyone, For the next 12 months DKM Accounting will be releasing 12 video podcasts showcasing people from different stages in different industries who we believe will provide great insight into the world of business. We’re calling this series DKM’s ‘ON THE LEDGER’ and we hope you enjoy meeting our guests. If you want to know more about anything that … Read More

Is it a bird? Is it a plane? NO, Its SUPERSTREAM

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Everyone knows what Superannuation or Super is. We all pay it but how many people know a new measure introduced by the Federal Government to make this more ‘super streamed?’ No prizes for guessing it’s called SuperStream. This is really important news to small businesses and their owners across Australia, so keep reading; it might be the most important article … Read More